Magic Total Assets from 2010 to 2024

MGIC Stock  USD 12.01  0.09  0.74%   
Magic Software's Total Assets are increasing over the years with slightly volatile fluctuation. Overall, Total Assets are expected to go to about 548.5 M this year. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
1991-12-31
Previous Quarter
527 M
Current Value
526.3 M
Quarterly Volatility
162.1 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Magic Software financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Magic Software's main balance sheet or income statement drivers, such as Depreciation And Amortization of 21.6 M, Interest Expense of 9.7 M or Total Revenue of 561.8 M, as well as many indicators such as Price To Sales Ratio of 0.84, Dividend Yield of 0.038 or PTB Ratio of 2.49. Magic financial statements analysis is a perfect complement when working with Magic Software Valuation or Volatility modules.
  
Check out the analysis of Magic Software Correlation against competitors.

Latest Magic Software's Total Assets Growth Pattern

Below is the plot of the Total Assets of Magic Software Enterprises over the last few years. Total assets refers to the total amount of Magic Software assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Magic Software Enter books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Magic Software's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Magic Software's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 522.41 M10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

Magic Total Assets Regression Statistics

Arithmetic Mean324,804,753
Geometric Mean250,697,208
Coefficient Of Variation50.88
Mean Deviation137,477,636
Median342,449,000
Standard Deviation165,252,955
Sample Variance27308.5T
Range538M
R-Value0.99
Mean Square Error611.2T
R-Squared0.98
Slope36,565,718
Total Sum of Squares382319.6T

Magic Total Assets History

2024548.5 M
2023522.4 M
2022511 M
2021492 M
2020443.3 M
2019407.5 M
2018362.3 M

Other Fundumenentals of Magic Software Enter

Magic Software Total Assets component correlations

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About Magic Software Financial Statements

Magic Software stakeholders use historical fundamental indicators, such as Magic Software's Total Assets, to determine how well the company is positioned to perform in the future. Although Magic Software investors may analyze each financial statement separately, they are all interrelated. For example, changes in Magic Software's assets and liabilities are reflected in the revenues and expenses on Magic Software's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Magic Software Enterprises. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Assets522.4 M548.5 M
Intangibles To Total Assets 0.41  0.31 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Magic Software Enter offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Magic Software's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Magic Software Enterprises Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Magic Software Enterprises Stock:
Check out the analysis of Magic Software Correlation against competitors.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Magic Software. If investors know Magic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Magic Software listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.10)
Earnings Share
0.67
Revenue Per Share
10.659
Quarterly Revenue Growth
(0.08)
Return On Assets
0.0673
The market value of Magic Software Enter is measured differently than its book value, which is the value of Magic that is recorded on the company's balance sheet. Investors also form their own opinion of Magic Software's value that differs from its market value or its book value, called intrinsic value, which is Magic Software's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Magic Software's market value can be influenced by many factors that don't directly affect Magic Software's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Magic Software's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magic Software is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magic Software's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.